Hyundai Mobis, Stock Price Down 3.26% at This Hour... 839,049 Shares Net Bought by Individuals in Last 5 Days
As of 9:30 AM on the 12th, Hyundai Mobis is trading at 341,000 KRW, down 3.26% from the previous day. The trading volume is 453,837 shares, which is about 14.35% of the previous day's volume. Hyundai Mobis is known as the leading automotive parts specialist in South Korea.
On January 11, Jang Moon-su and Jo Jun-woo, researchers at Hyundai Motor Securities, stated, "Hyundai Motor Group is entering the forefront of electric vehicles, expanding BEVs based on competitive dedicated platforms, investing in robotics business shares, and responding to Apple’s collaboration requests. Although the valuation discount compared to Hyundai Motor and the market is being resolved, it is still undervalued compared to the historical average. Benefits are expected from the expansion of eco-friendly vehicles. 1) Continued improvement in finished car mix and market share growth is expected. 2) Direct benefits from the expansion of eco-friendly vehicles. Direct benefits are expected from Hyundai Motor Group’s electrification expansion, collaboration with other companies, and business expansion in the energy transition phase," and set Hyundai Mobis’s target price at 430,000 KRW.
Over the past five days, individual investors have net purchased 839,049 shares of Hyundai Mobis, while foreigners and institutions have net sold 642,879 shares and 199,708 shares, respectively.
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※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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